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Corporate Travel cautious on dividends, hopes for bounce

Corporate Travel Management says coronavirus variants squeezed business travel for almost three months, but key markets are rapidly recovering.

The emergence of wildcards such as the omicron strain meant Brisbane-based Corporate Travel – the world’s fourth-biggest such business-travel manager after buying out COVID-19 smashed rivals – is being more cautious about restarting dividends.

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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au

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    Original URL: https://www.afr.com/companies/tourism/corporate-travel-cautious-on-dividends-hopes-for-bounce-20220215-p59wny